Download or read book Private pensions government actions could improve the timeliness and content of Form 5500 pension information report to congressional committees written by and published by DIANE Publishing. This book was released on 2005 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Pensions written by United States. Government Accountability Office and published by . This book was released on 2005 with total page 55 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Pensions written by U S Government Accountability Office (G and published by BiblioGov. This book was released on 2013-06 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. Government Accountability Office (GAO) is an independent agency that works for Congress. The GAO watches over Congress, and investigates how the federal government spends taxpayers dollars. The Comptroller General of the United States is the leader of the GAO, and is appointed to a 15-year term by the U.S. President. The GAO wants to support Congress, while at the same time doing right by the citizens of the United States. They audit, investigate, perform analyses, issue legal decisions and report anything that the government is doing. This is one of their reports.
Download or read book Private Pensions Targeted Revisions Could Improve Usefulness of Form 5500 Information written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-07-28 with total page 84 pages. Available in PDF, EPUB and Kindle. Book excerpt: " The Form 5500 is the primary means of collecting information for use by the federal government and the private sector on retirement plan assets, which exceeded $6 trillion in fiscal year 2011. Stakeholders, including those who prepare and use the form, have raised concerns about the quality and usefulness of form data. GAO was asked to review Form 5500 plan investment and fee information. In this report, GAO examined: (1) stakeholder problems with Form 5500 plan investment information; (2) stakeholder problems with Form 5500 service provider fee information, and (3) challenges DOL, IRS, and PBGC face in collecting and revising Form 5500 information. GAO surveyed a panel of plan sponsors, service providers, representatives of plan participants, and researchers; interviewed agency officials; and reviewed studies on Form 5500 data. "
Download or read book Private Pensions written by United States Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-09-09 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Department of Labor (Labor) collects information on fees charged to 401(k) plans primarily through its Form 5500. Labor issued final regulations in November 2007, making changes to, among other things, Schedule C of the Form 5500. Labor put emphasis on reporting the indirect compensation paid to service providers and between service providers, in an effort to capture all of the costs that plan sponsors incur. Congress and others are concerned that Labor's rules could result in duplicative and confusing reporting. Given these concerns, GAO was asked to examine the new requirements and determine whether Labor's new requirements will provide (1) clear and understandable guidance to plan sponsors and (2) useful information to Labor and others. GAO analyzed Labor's regulations and interviewed Labor and other officials about disclosure and reporting practices.
Download or read book Pension Plans written by United States. General Accounting Office and published by . This book was released on 1993 with total page 16 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private pensions targeted revisions could improve usefulness of Form 5500 information written by and published by . This book was released on 2014 with total page 77 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Private Pensions written by Charles A. Jeszeck and published by . This book was released on 2014-08-16 with total page 83 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Form 5500 is the primary means of collecting information for use by the federal government and the private sector on retirement plan assets, which exceeded $6 trillion in fiscal year 2011. Stakeholders, including those who prepare and use the form, have raised concerns about the quality and usefulness of form data. This report reviewed Form 5500 plan investment and fee information. It examined: (1) stakeholder problems with Form 5500 plan investment information; (2) stakeholder problems with Form 5500 service provider fee information; and (3) challenges the Department of Labor (DOL), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC) face in collecting and revising Form 5500 information. Tables and figures. This is a print on demand report.
Download or read book Private Sector Pensions written by U.s. Government Accountability Office and published by Createspace Independent Publishing Platform. This book was released on 2017-08-03 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: " GAO has reported that millions of U.S. workers lack access to employer-sponsored pension plans and that some small businesses, which offered plans at lower rates than large businesses, may be deterred by the cost of plan administration. MEPs, a type of pension plan maintained by more than one employer, have been supported as an option that could expand coverage by lowering administrative costs. For this report, GAO examined (1) the characteristics of private-sector MEPs, (2) the advantages and disadvantages of MEPs and how their perceived advantages are used to market them, and (3) how IRS and Labor regulate MEPs. GAO interviewed MEP sponsors, pension experts, officials at the Department of Labor (Labor), the Internal Revenue Service (IRS), and the Pension Benefit Guaranty Corporation (PBGC), and analyzed the primary source of pension data reported to the government-the Form 5500. "
Download or read book IRS Budget 2012 Extending Systematic Reviews of Spending Could Identify More Savings Over Time written by James R. White and published by DIANE Publishing. This book was released on 2011-06-06 with total page 61 pages. Available in PDF, EPUB and Kindle. Book excerpt: The financing of the federal government depends largely on the Internal Revenue Service's (IRS) efforts to collect taxes. To fund IRS's 2012 operations, the President requested $13.3 billion spread over five appropriations, including $6 billion for enforcement, $4.6 billion for operations support, and $2.3 billion for taxpayer services. This report reviewed the FY 2012 budget justification for IRS. The objectives were to: (1) describe IRS's budget and staffing trends for FYs 2008 through 2012; (2) assess IRS's process for identifying potential savings and how it used savings that were greater than projected; (3) describe new enforcement, taxpayer service and other initiatives in the FY 2012 budget justification, including any estimates of return on investment (ROI); (4) assess any legislative proposals in the budget justification and how IRS reports their costs; (5) assess how the budget justification reports on the costs and performance of major IT systems; (6) describe how 2012 PPACA costs are presented in the budget justification; and (7) document IRS's implementation of GAO's budget recommendations from prior years' reports as well as highlight open matters for Congress and recommendations to IRS with potential savings or revenues. Tables. This is a print on demand report.
Download or read book The State of Private Pensions written by Mauricio Soto and published by . This book was released on 2006 with total page 15 pages. Available in PDF, EPUB and Kindle. Book excerpt: Every year, pension plan sponsors are required to file a return with the U.S. Department of Labor. These returns, known as the Form 5500 series, contain detailed information about the plans' finances, participants, and administrators that allows government agencies to monitor compliance with the Employee Retirement Income Security Act (ERISA) and the Internal Revenue Code. The comprehensive nature of the Form 5500 series makes them a primary source for examining the state of the private pension world: from participation rates to financial health to 401(k) investment in company stock to the size of employer contributions - it is all there.Unfortunately, these rich data are not available in a timely manner. The data from the Private Pension Plan Bulletins Abstract of Form 5500 Annual Reports - the official tabulations put out by the Department of Labor commonly used by practitioners and researchers - have a five-year lag. Sponsors have up to ten months to file the forms, and it can take up to two years to convert the raw forms, which generally are filed in paper, into a manageable and complete dataset. Then, these data must be cleaned, analyzed, and tabulated. The resulting lag meant that as of early 2006, official tabulations were available only up to 2000.This brief uses raw 5500 Form data from the Department of Labor to extend the tabulations to 2003 - the latest year in which the datasets are available. The estimations are done for the 1990-2003 period, and are presented as a data appendix to this brief. The 1990-2000 numbers match closely those from official reports; the 2001-2003 calculations bring the tabulations as up-to-date as currently possible.Using these recent data, this brief highlights trends that are impossible to observe in the current official releases: a notable increase in pension contributions for defined benefit plans; the decline and recovery of pension assets in the 2001-2003 period; the continued use of cash balance plans; and the sustained move in coverage towards defined contribution plans.
Download or read book Departments of Labor Health and Human Services Education and Related Agencies Appropriations for 2007 written by United States. Congress. House. Committee on Appropriations. Subcommittee on the Departments of Labor, Health and Human Services, Education, and Related Agencies and published by . This book was released on 2006 with total page 1452 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Preventing the Next Pension Collapse written by United States. Congress. Senate. Committee on Finance and published by . This book was released on 2005 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Departments of Labor Health and Human Services Education and Related Agencies Appropriations for Fiscal Year 2007 written by United States. Congress. Senate. Committee on Appropriations. Subcommittee on Departments of Labor, Health and Human Services, Education, and Related Agencies and published by . This book was released on 2006 with total page 1452 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Departments of Labor and Health and Human Services Education and Related Agencies Appropriations written by United States. Congress. Senate. Committee on Appropriations and published by . This book was released on 2007 with total page 1448 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Pension and Employee Benefits written by United States and published by . This book was released on 2006 with total page 1658 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Federal Register written by and published by . This book was released on 2005-08 with total page 340 pages. Available in PDF, EPUB and Kindle. Book excerpt:
